Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Iran Daily reports that trade between Iraq and Iran is expecte be between $12 billion and $15 billion in the current Iranian year (started March 20), up from $9.7 billion last year. Iranian Foreign Ministry spokesman Ramin Mehmanparast described trade ties with Iraq as 'ever increasing', saying there are 'abundant capacities' for cooperation between the […]
The National Investment Commission is pleased to announce the investment opportunity to construct a complete residential complex for the employees of the Shiite Endowments Directorate in Baghdad - Karrada district within a total area of (60) acres in accordance with the Investment law No. 13 of 2006 as amended and according to the requirements set […]
The energy sector in Iraq is predicted to see investment of a minimum of US$50 billion over the next five years amidst a gradually improving security situation. This was one of the key findings of ‘Iraq – An Energy Overview 2012’, a comprehensive country report developed by EIC Consult, the market research and consultancy arm […]
President Masoud Barzani this week paid an official visit to the United Arab Emirates to strengthen political, economic, cultural and investment ties between the Emirates and the Kurdistan Region. The President had meetings with the Prime Minister and Vice President of the UAE and constitutional monarch of Dubai, Sheikh Mohammed bin Rashed Al-Maktoum, and the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd May 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,285 / $1.402, (%) (weekly change). The number of week traded shares was 3.9bn and the weekly trading volume was ID9.7bn ($8.2mn). ISX Company […]
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Bloomberg reports that Iraqi Airways plans to halt an order to buy regional jets from Canada’s Bombardier in favour of larger planes most likely from Boeing or Airbus, after the government granted it a $300 million interest-free loan. The carrier is unlikely to convert on option to buy further 90-seat Bombardier CRJ900 planes after taking […]
By Michael Aron, Ambassador of the United Kingdom to Iraq. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. Rather than the usual one or two day visit to Erbil, I have just spent a week in Kurdistan Region travelling to Suleymaniya, Dohuk, Soran and Shanidar. What a […]
The Special Inspector General for Iraq Reconstruction (SIGIR) has released its 33rd Quarterly Report to the U.S. Congress. This 158-page report is a valuable resource for all who are interested in economic development in Iraq. Please click here to download.
A US company named as "EBM" is said to be considering investment in Thi Qar [Dhi Qar] province, according to Aswat al-Iraq. Luay Kheirallla, the director of Thi Qar Investment Commission, said that the company visited the area to investigate investment opportunities in fields of housing and tourism. (Source: Aswat al-Iraq)
Iran's PressTV reports that the country's Gas Engineering and Development Company is planning to build a gas pipeline to export gas to Iraq. Ali-Reza Gharibi, the Managing Director of company, said on Friday that "the 48-inch gas pipeline to Iraq, which will run for 220 kilometers, will be a branch of Iran’s sixth national gas […]
